The document discusses energy conservation through waste heat recovery and combined heat and power generation. It provides two case studies as examples. The first case study examines using waste heat from a diesel engine exhaust to generate steam and distilled water. The second case study compares the environmental and economic benefits of a combined heat and power system versus separate heat and power generation. Key topics covered include definitions of waste heat recovery and combined heat and power, types and sources of waste heat, and the environmental and financial benefits of combined heat and power systems.